Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

East Village

Manhattan · New York, NY

105 active listings · Median $550K

$550K
Median Asking
$5,147.5/mo
Median Rent/Mo
134
Active Listings
N/A
Avg Days on Market

Monthly Snapshot

Live from REBNY/RLS

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Market Pulse — East Village

What defines this market

A condo-dominant submarket with rents at the 5-year high, sale values below the 5-year high, and sale listings sitting longer than a year ago.

Common search patterns

first-time buyersinvestorsvalue buyerstight rental market

Median asking rent in East Village sits at $5,148/month, matching the 5-year high. Rents are up +15.7% year over year and +90.6% over the past 5 years. Median sale price stands at $550K, 67.6% below the 5-year high recorded in Feb 2024. Sale listings are clearing 41 days slower than at this point last year.

Rental snapshot

  • Median asking rent: $5,148/month (at the 5-year high)
  • Year-over-year rent change: +15.7%
  • 5-year rent change: +90.6%
  • Active rental listings: 832

For-sale snapshot

  • Median sale price: $550K (67.6% below the 5-year high in Feb 2024)
  • Condo vs co-op median: condos $1.30M / co-ops $698K
  • Median days on market (sale): 77 days (41 days slower than a year ago)
  • Active for-sale listings: 134 (+5.5% YoY)
  • Active listings with a price cut: 11.9%
  • Recent monthly closed sales: 11

Across NYC, the FARE Act has tightened agent-listed rental supply since August 2024 by shifting the broker fee to landlords who engage a broker. Roughly 35 to 40% of NYC lease signings occur between mid-June and August 15.

Source: StreetEasy market data, through Mar 2026.

About East Village

The East Village remains New York’s epicenter of counter-culture and artistic expression. Known for its active street life, community gardens, and legendary music venues, the neighborhood offers an energy unlike any other. The real estate market is characterized by historic tenement-style cooperativ...

Quick Facts

BoroughManhattan
Zip Codes10003, 10009
SubwayF, J, M, Z trains
Building TypesCo-ops, Condos, Walk-ups

Transit, Schools & Commute

Subway Lines:F J M Z

Stations: Second Ave (0.49 mi), Delancey St-Essex St (0.64 mi)

Midtown: 17 min (F express from Second Ave)


Nearby Schools

SchoolGradesDist
P.S. 034 Franklin D. RooseveltPK-50.20 mi
P.S. 015 Roberto ClementePK-50.25 mi
The STAR Academy - P.S.63PK-50.35 mi
P.S. 020 Anna SilverPK-50.59 mi
I.S. 140 Tompkins Square Middle School6-80.61 mi
Henry Street School for International Studies6-120.90 mi

Market Report

Live data from REBNY/RLS. Updated every 15 minutes.

Median Asking Price
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-49.7% YoY
Median Rent
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+15.7% YoY
Price per Sq Ft
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Sale-to-List Ratio
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Price Trends

Median closed sale price by month

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Current Inventory Snapshot

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Property Mix
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Price by Bedroom

Based on active listings in East Village

TypeActive ListingsMedian PricePrice Range
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Active Listings

Properties in East Village

REBNY/RLS Disclaimer: Listing data is derived in whole or in part from the RLS at REBNY (Real Estate Board of New York) Internet Data Exchange (IDX) database. Real estate listings held by brokerage firms other than Milton Coste | Keller Williams NYC are marked with the RLS logo. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is refreshed every 15 minutes per REBNY IDX requirements.

Nearby Neighborhoods

East Village Property Type Pages

Why Work With Milton in East Village

25+ years

Experience across NYC

1,000+

Transactions closed

Since 2000

Active in Manhattan

Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams NYC. His work covers all five boroughs, with deep experience in co-op boards, condo offerings, townhouse sales, and rental transactions. For East Village buyers and sellers, that track record means a broker who has negotiated every type of deal this market produces.

Reviews

"Milton made the entire buying process seamless. His knowledge of the local market and negotiation skills saved us thousands. Highly recommend for anyone looking in Upper Manhattan."

JR
Verified Buyer
Google Review

"We sold our co-op in record time thanks to Milton's marketing strategy. Professional photography, virtual tour, and targeted digital ads brought multiple offers within the first week."

MC
Verified Seller
Zillow Review

Map

Related Articles

New This Week in East Village

Sale listings that came on the market in the last 7 days.

Homes in East Village take a median 77 days to sell. Source: StreetEasy market data.

See all 5 new listings, with building trade history → Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Frequently Asked Questions about East Village

The median sale price in East Village is $550K. Condos sit at a median of $1.3M and co-ops at $698K. Year-over-year price comparisons swing meaningfully when monthly closed-sale counts are low, so a single recent month is best read alongside the longer-term price trend.

No. The median sale price in East Village is currently 67.6% below the 5-year high recorded in February 2024. That gap can favor buyers searching for value relative to the neighborhood's past peak.

Sale listings in East Village have a median of 77 days on market. That is 41 days slower than the same point a year ago. Roughly 11.9% of active listings have recorded a price cut, suggesting some negotiating room.

East Village is broadly balanced right now, with median days on market at 77 days and 11.9% of active listings carrying a price cut. Pricing depends heavily on the specific building and unit.

East Village offers both co-ops and condos. Condos are the higher-priced segment at a $1.3M median, with co-ops at $698K.

Roughly 11 homes change hands each month in East Village across condos, co-ops, and townhouses, based on recorded closed sales. That benchmark helps gauge how quickly the market is absorbing new inventory.

The overall median asking rent in East Village is $5,148/month. Live RLS listings show studios at $4,100, 1-bedrooms at $5,250, 2-bedrooms at $6,975 per month. Rents are up 15.7% year over year.

Yes. The median asking rent in East Village is currently at the 5-year high. Tenants searching the neighborhood right now are competing in a market priced at peak.

Median asking rent in East Village has risen 90.6% over the past 5 years. That puts the neighborhood in context with longer-term NYC rent dynamics rather than just one-year noise.

Within walking or short-transit distance of East Village, median sale prices range across Gramercy Park at $1.2M, Lower East Side at $983K, Nolita at $35K. Each has different building stock, co-op vs condo mix, and transit access, so the right comparison depends on the buyer's priorities.

East Village is served by the F, J, M, Z trains. The commute to Midtown Manhattan runs roughly 17 minutes from Second Ave.

Under the FARE Act in effect since August 2024, NYC landlords who engage a broker pay the broker fee directly rather than passing it to tenants. In neighborhoods like East Village, this has shifted some smaller landlords toward self-listing, which has tightened the supply of agent-listed rentals citywide and lifted competition for what remains on market.

Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams New York City. He has 25+ years of experience across all five boroughs, with deep transaction history in co-op board packages, condo offerings, townhouse sales, and rentals. Direct: (917) 416-7433. Email: [email protected].

How I Can Help in East Village

Milton Coste, Licensed Real Estate Associate Broker

Milton Coste

Licensed Real Estate Associate Broker

Keller Williams NYC · NY #10301213304

25+ years of experience and over 2,000 transactions closed across NYC. Whether you are buying, selling, or leasing in East Village, I will guide you every step of the way.

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